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20121205
20121213
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by the fact that we are a low interest-rate environment? >> we have not finished those calculations. we are in the midst of doing that for the budget. they are both large effects. we simply do not have an answer to that. >> it is a large effect that comes from the difference in interest rates. you know the low interest-rate environment customs? >> let me ask my team behind me to get that. we will have that for you in a moment. >> my guess is i am not sure that assumption is as low as the rate is today with an interest-rate of 1.6%, it is shockingly low. we have a fed insisting it will keep this way. i will be interested to see what the net effect of this interest rate is. >> there is an artificiality of the point in time because it presumes every one of the payoffs, we have no revenue to fha, where we know there is a large revenue -- >> there is a flaw in the model? >> no. congress requires the review is done in a runoff scenario. we also looked at, what if we keep doing business, so we have those projections. that is not the 2% calculation. it is something we could give you more detail
Search Results 0 to 0 of about 1